Prague Hilton for sale
Receivers are expecting to sell the 791 room Hilton in Prague for around EUR180m. Hilton’s contract on the property has only a short time to run, offering buyers a rebranding opportunity, reports the Sunday Times.
Autograph goes Dutch
Marriott has signed its first hotel in the Benelux region, to its Autograph Collection. The 174 room Hotel van Oranje in Noordwijk, Holland has joined the affiliate brand.
Expedia buys Travelocity
Expedia has agreed to buy Travelocity, paying seller Sabre Corporation USD280m. The two have had a strategic marketing agreement since 2013, with Expedia powering Travelocity’s technology platforms for US and Canadian websites.
Union agrees IHG German deal
Austrian developer UBM is to sell two German Holiday Inn Express hotels to Union Investment. The properties, Munich City West and Berlin Alexanderplatz, are due to open in late 2016.